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THE IMPACT OF THE HEALTH CRISIS
TRANSPARENCY AND DEMOCRATIC VALUES
The titles of Freedom House or Democracy Index reports have highlighted the deterioration of civil rights and freedoms over the last fifteen years. The health crisis has been instrumentalised by authoritarian regimes to reinforce dictatorship and the curtailment of individual rights. Only 8.4% of the population is living in a full democracy, while 35.6% live in severe authoritarian regimes.
The climate crisis is still very present and the destruction of tropical forests is accelerating. Agricultural expansion remains the main factor in deforestation and land fragmentation. The transformation of our food systems is essential.
The initial impact of the health crisis is significant in terms of economic contraction, private debt and sustainability in general, especially on healthcare and education pillars. There is cause for concern for all countries, particularly the low- and middle-income ones. UNICEF speaks of a global education disaster and a risk of a lost generation. However, there is still hope for the mitigation of the effects of this debt crisis and the impact on basic social spending.
HEALTH, POPULATION AND WEALTH DISTRIBUTION
2020 ended with the annual mortality rate risen by almost 4% and marks a significant loss for social welfare. The implications of the health crisis have created economic insecurity, increased stress and anxiety and imposed a significant change in lifestyle. It has also increased social inequalities at a time when the European Union’s growth strategy aims to be inclusive and offer equitable opportunities.
The contraction of global GDP by almost 5% in 2020 is leading to one of the biggest crises in recent generations. Job vacancies remain at least 20% below their standard level. There is a need to revitalise human capital.
Source: DPAM, April 2020
* independent territories (no countries and therefore not part of the ranking)